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Rental Insights for ZIP Code 61801 (Urbana, IL)

Housing Rentals in ZIP Code 61801 (Urbana, IL)

61801 ZIP Code in Illinois

A Detailed Housing Rental Snapshot of the ZIP Code 61801

ZIP Code 61801 is principally located in Urbana, IL in Champaign County. The median housing rent payment in this Illinois region is $834 per month. About 68.7% of all housing units in this Champaign County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 12.4%.

The median rent in ZIP Code 61801 of $834 per month is 17% lower than the aggregate Illinois median monthly rent of $1,010, and is 21% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 61.4% of residents in ZIP Code 61801 pay between $500 and $999 per month for rent. That is 58% higher than in Illinois overall, in which 38.8% of total state residents pay between $500 and $999 per month for housing. Only 0.2% of renters in this Urbana, IL region pay $3,000 or more per month for rent.

ZIP Code 61801 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 61801

See the chart below for a comparison of monthly rental costs in ZIP Code 61801, Illinois, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 61801 along with those in the state of Illinois and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 61801

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 61801 Illinois U.S.
Less than $500 9.7% 10.4% 9.4%
$500 to $999 61.4% 38.8% 36.2%
$1,000 to $1,499 19.5% 30.1% 30.0%
$1,500 to $1,999 5.9% 12.8% 14.0%
$2,000 to $2,499 3.0% 4.7% 5.6%
$2,500 to $2,999 0.3% 1.8% 2.4%
$3,000 or more 0.2% 1.4% 2.4%

Rent Cost vs. Income in ZIP Code 61801

Renters in ZIP Code 61801 use an estimated 32.13% of their income to cover their monthly rent payments. That is about 9% higher than in Illinois overall. The estimate for Illinois overall is 29.36% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 61801 renters use about 8% more of their income to cover rent expense. Household income figures for ZIP Code 61801 come in lower than in Illinois as a whole. The median annual household income in ZIP Code 61801 of $31,915 sits approximately 52% lower than the overall Illinois median income of $65,886 and approximately 49% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 61801

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 61801, Illinois, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 61801 along with the same calculations in the state of Illinois and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 61801

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 61801 Illinois U.S.
Less than 15.0 percent 11.3% 14.1% 13.1%
15.0 to 19.9 percent 8.9% 13.6% 12.9%
20.0 to 24.9 percent 12.5% 13.1% 12.9%
25.0 to 29.9 percent 7.5% 11.2% 11.6%
30.0 to 34.9 percent 8.9% 8.6% 9.1%
35.0 percent or more 51.0% 39.4% 40.5%

Household Income in ZIP Code 61801

See the table below for the regional comparison of annual household income in ZIP Code 61801.

Income ZIP 61801 Illinois U.S.
Less than $10,000 23.3% 6.3% 6.0%
$10,000 to $14,999 6.2% 3.8% 4.3%
$15,000 to $24,999 13.4% 8.6% 8.9%
$25,000 to $34,999 10.1% 8.4% 8.9%
$35,000 to $49,999 10.5% 11.6% 12.3%
$50,000 to $74,999 15.5% 16.7% 17.2%
$75,000 to $99,999 6.7% 12.8% 12.7%
$100,000 to $149,999 7.5% 16.1% 15.1%
$150,000 to $199,999 3.3% 7.4% 6.8%
$200,000 or more 3.3% 8.3% 7.7%

Household Income in ZIP Code 61801

See the chart below for a comparison of annual household income figures in ZIP Code 61801, Illinois, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 61801 alongside the same figures for the state of Illinois and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 61801

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 61801.

ZIP 61801 Illinois U.S.
Median Housing Rent $834 $1,010 $1,062
Renter-Occupied Housing Units 68.7% 33.9% 36.0%
Rental Vacancy Rate 12.4% 6.2% 6.0%
Average Size of Renter-Occupied Unit 2.06 2.35 2.49
Average # of Bedrooms Per Unit 2.03 2.7 2.75
Percent of Income Spent on Rent 32.13% 29.36% 29.83%
Per Capita Income $21,018 $36,038 $34,103
Median Household Income $52,203 $92,395 $88,607
Living Below the Poverty Line 12.1% 8.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 61801

In ZIP Code 61801 (Urbana, IL), and estimated 68.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 12.4%.

The per capita income in 61801 is estimated at $21,018, which goes along with an estimated median household income of $52,203. About 12.1% of residents in this Champaign County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.06 occupants, while the units have an aggregate average size of 2.03 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.13% of their income on housing rental costs.

Rental FAQs for ZIP Code 61801

1

What is the median monthly rent in ZIP Code 61801?

Median rent for housing in ZIP Code 61801 in Champaign County in Illinois is approximately $834 per month.
2

Is it expensive to rent in ZIP Code 61801?

Rent in ZIP Code 61801 is lower than average in the state of Illinois overall. The median monthly rent of $834 in ZIP Code 61801 is approximately 17% lower than the Illinois median of $1,010. Additionally, median rent in this Urbana, IL region ($834) is about 21% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 61801?

High-priced rentals are less common in ZIP Code 61801 than in Illinois overall. The percentage of rentals in ZIP Code 61801 that cost $3,000 or more per month (0.2%) is about 86% lower than the Illinois rate of 1.4% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 92% higher than the aforementioned 61801 rate of 0.2%.
4

Are affordable rentals common in ZIP Code 61801?

Affordable rentals are more common in ZIP Code 61801 than in Illinois overall. The percentage of housing rentals in ZIP Code 61801 costing $999 or less per month (71.1%) is approximately 45% higher than the Illinois rate of 49.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 56% lower than the previously mentioned 61801 rate of 71.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 61801?

The most common range for rental cost in ZIP Code 61801 is between $500 and $999 per month. About 61.4% of renters in 61801 pay in this range for monthly rent. In comparison, approximately 38.8% of renters in the state of Illinois fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 61801 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 61801 is higher than the rental vacancy rate in the state of Illinois overall. Rental vacancy of 12.4% in ZIP Code 61801 is about 100% higher than the Illinois rate of 6.2%. Looking more broadly, rental vacancy in this Urbana, IL region (12.4%) is an estimated 107% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 61801? How does it compare to other Illinois regions?

Median household income in ZIP Code 61801 is lower than in the state of Illinois overall. Annual household income of $31,915 in ZIP Code 61801 is about 52% lower than the Illinois median of $65,886. Additionally, median household income in this Urbana, IL region ($31,915) is approximately 49% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 61801 spend on housing costs?

Renters in ZIP Code 61801 spend a higher amount of their income on rent costs than do renters in Illinois overall. Renters in ZIP Code 61801 spend an estimated 32.13% of their income on rent payments, which is about 9% higher than the overall Illinois estimated rate of 29.36%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 8% lower than the ZIP Code 61801 estimated rate of 32.13%.
9

Do renters in ZIP Code 61801 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 61801 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 61801 spending 30 percent or more of their income on rent costs (59.9%) is approximately 25% higher than the Illinois rate of 48% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 21% lower than the aforementioned 61801 rate of 59.9%.
10

What is the average household size of renter-occupied units in ZIP Code 61801?

The average household size of renter-occupied units in ZIP Code 61801 is lower than in the state of Illinois overall. Annual household size of 2.06 in ZIP Code 61801 is about 12% lower than the Illinois median of 2.35. Additionally, median household size in this Urbana, IL region (2.06) is approximately 17% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Illinois ZIP Codes